Asia Pacific Powered Surgical Instruments Market is projected to reach USD 2.11 billion by 2021
Asia Pacific Powered Surgical Instruments Market was worth USD 1.49 billion in 2016 and estimated to be growing at a CAGR of 7.27%, to reach USD 2.11 billion by 2021
(EMAILWIRE.COM, December 13, 2017 ) Asia Pacific Powered Surgical Instruments Market was worth USD 1.49 billion in 2016 and estimated to be growing at a CAGR of 7.27%, to reach USD 2.11 billion by 2021. A powered surgical instrument is a device designed especially for a specific procedure during a surgery. Sources of power for powered surgical instruments are either electrical or pneumatic, the former of which includes line current and batteries. Pneumatic power sources utilize compressed gases such as nitrogen, carbon dioxide, or compressed air.
The conventional surgery involves large incision and causes a lot of trauma to soft tissues which are present in the areas of injury. Minimally invasive procedures achieves the same goal and decreases the trauma by small incisions itself. Surgeries including orthopaedic procedures, ENT surgeries, complex spine surgeries, and neurosurgeries can be treated using minimally invasive techniques. Conditions related to joint replacement, arthroscopic repairs of sports injuries, and microscopic treatment of musculo-skeletal conditions which are complex in nature use minimally invasive techniques. This will subsequently push vendors in introducing more variants of powered surgical instruments used in minimally invasive procedures.
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The driving factors of Asia Pacific powered surgical instruments market are innovative technological achievements such as surgical robotics, rising prevalence of chronic diseases like cancer, cardiovascular diseases, orthopaedic conditions and neurological diseases, medical tourism, rising investment in health care and growing prevalence of lifestyle related diseases among others. However, the market is constrained by factors like inadequate quality assurance, lack of adequate sterilization processes and rising pressure on healthcare providers to reduce costs among others.
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Asia Pacific Powered Surgical Instruments Market is segmented based on the basis of application into oral and maxillofacial surgery, orthopaedic surgery, neurosurgery, ENT surgery, plastic and reconstructive surgery and cardiothoracic surgery. On the basis of power source, the market is divided into battery powered instruments, electric instruments and pneumatic instruments. By product the market is divided into power source and controls, accessories and handpieces. Power source and controls is further divided into electric consoles, batteries and pneumatic regulators. Handpieces is further segmented into drills, saws, reamers, shavers, staplers, pin drivers and others. Accessories is further divided into surgical accessories, electrical accessories and other accessories.
The Asia Pacific Powered Surgical Instruments market is divided based on geography into India, China, Japan, Australia and other parts of the region. Asia Pacific has the third largest market for powered surgical instruments in the world by share and is also the fastest growing region. Factors such as growing incidence of chronic diseases and rising technological achievements is expected to drive the market growth in the region.
Some of the major players in the market are B. Braun Melsungen Ag, Medtronic, Inc., Johnson and Johnson, Stryker Corporation, Conmed Corporation, Smith and Nephew PLC, Microaire Surgical Instruments, Inc., Peter Brasseler Holdings, LLC., Zimmer Holdings and Desoutter Medical Ltd. among others.
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Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more info kindly visit, www.marketdataforecast.com
The conventional surgery involves large incision and causes a lot of trauma to soft tissues which are present in the areas of injury. Minimally invasive procedures achieves the same goal and decreases the trauma by small incisions itself. Surgeries including orthopaedic procedures, ENT surgeries, complex spine surgeries, and neurosurgeries can be treated using minimally invasive techniques. Conditions related to joint replacement, arthroscopic repairs of sports injuries, and microscopic treatment of musculo-skeletal conditions which are complex in nature use minimally invasive techniques. This will subsequently push vendors in introducing more variants of powered surgical instruments used in minimally invasive procedures.
Browse Full Report @ http://www.marketdataforecast.com/market-reports/asia-pacific-powered-surgical-instruments-market-3975/
The driving factors of Asia Pacific powered surgical instruments market are innovative technological achievements such as surgical robotics, rising prevalence of chronic diseases like cancer, cardiovascular diseases, orthopaedic conditions and neurological diseases, medical tourism, rising investment in health care and growing prevalence of lifestyle related diseases among others. However, the market is constrained by factors like inadequate quality assurance, lack of adequate sterilization processes and rising pressure on healthcare providers to reduce costs among others.
Download Free Sample Report @ http://www.marketdataforecast.com/market-reports/asia-pacific-powered-surgical-instruments-market-3975/request-sample
Asia Pacific Powered Surgical Instruments Market is segmented based on the basis of application into oral and maxillofacial surgery, orthopaedic surgery, neurosurgery, ENT surgery, plastic and reconstructive surgery and cardiothoracic surgery. On the basis of power source, the market is divided into battery powered instruments, electric instruments and pneumatic instruments. By product the market is divided into power source and controls, accessories and handpieces. Power source and controls is further divided into electric consoles, batteries and pneumatic regulators. Handpieces is further segmented into drills, saws, reamers, shavers, staplers, pin drivers and others. Accessories is further divided into surgical accessories, electrical accessories and other accessories.
The Asia Pacific Powered Surgical Instruments market is divided based on geography into India, China, Japan, Australia and other parts of the region. Asia Pacific has the third largest market for powered surgical instruments in the world by share and is also the fastest growing region. Factors such as growing incidence of chronic diseases and rising technological achievements is expected to drive the market growth in the region.
Some of the major players in the market are B. Braun Melsungen Ag, Medtronic, Inc., Johnson and Johnson, Stryker Corporation, Conmed Corporation, Smith and Nephew PLC, Microaire Surgical Instruments, Inc., Peter Brasseler Holdings, LLC., Zimmer Holdings and Desoutter Medical Ltd. among others.
About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more info kindly visit, www.marketdataforecast.com
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Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results